News and opinion
Following a review of the RBS branch network a decision has been taken to close 62 Royal Bank of Scotland branches, and 197 NatWest branches. As a result of this process, there will be around 680 redundancies, and we will seek to manage this process on a voluntary basis.
Productivity growth – the UK’s Achilles heel – strikes again. The downgrade by the OBR in the UK’s ability to generate productivity improvements in the coming years was striking. With our prospects diminished it left the Chancellor with little room for big giveaways. But at least first-time buyers will rejoice.
NatWest customers can now apply for a completely digital mortgage, and can potentially receive an offer within 24 hours.